The AXIS 207W camera uses a base64-encoded cleartext username and password for authentication, which allows remote attackers to obtain sensitive information by sniffing the wireless network or by leveraging unspecified other vectors.
http://www.securitytracker.com/id?1018699
http://www.securityfocus.com/archive/1/479600/100/0/threaded
http://www.informit.com/articles/article.aspx?p=1016102